Equipment Financing and Business Networking – Both Go Hand in Hand

To work in the finance services industry, whether its financial or estate planning or business financing, requires an individual to establish a great deal of trust with their client. The type of trust which necessitates a person to disclose all their worldly possessions to someone else, follow their advice and allow them to make key personal and business changes for them. Not only is personal and business information disclosed but decisions are made which can affect each area on a long term basis, and in some cases, for a lifetime.

Successful financial professionals traditionally have been required to invest years and years in establishing themselves and building their brand and trust factor. In the past, you didn’t get into the industry unless you were prepared to devote a good portion of your life. After time, people simply figured if you were around for twenty years then you must be doing something right.

So how does this relate to business networking with regards to services like equipment financing? To become highly successful in financial services it requires that you learn, understand and follow the core values of networking. Every business can truly benefit from building a strong network but since trust is so keenly vital to financial services, I feel it’s most relevant in this case.

Professional networking organizations like Business Networking International (BNI) base their foundation on the concept of “givers gain”; I give you business and you will reciprocate. But at the heart of that belief is the fact that it is primarily built on trust. Each person must trust the other to do the right thing, both with their intentions and capabilities. Business networking can accelerate the development of trust amongst our peers and networks because by following a system like BNI, you will learn to develop targeted skills in this pursuit. Skills which guide you in how to act, dress, what to say and to do the key things which will elevate the trust factor and your reputation much more quickly than if you waited for it to happen on its own.

A financial planner told me once he didn’t need to network because he had regular business referred to him by his old friends. I asked him how long did it take to develop his business and contacts and he replied, “30 years.” Who has that much time? Why not build the same devoted network on a much faster pace with highly predictable results.

A finance specialist or broker or any person in the financial industry can build their name and reputation with a consistent dedicated effort in few short years as opposed to the decades it used to take. This is a key consideration for any profession which requires a high trust factor to be successful. Build a diversified network, develop trust amongst them, follow-up with them on a regular basis and you can establish a foundation for long term success. Business networking and equipment financing are indeed on the same side of success.

Lester M. Salvatierra has 15 years experience as a licensed Finance Specialist with First U.S. Finance. He helps smal

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Business Financing And Commercial Loans For A Prosperous Future

See you want to buy a property, you must be looking for a suitable loan that is less burdensome for you. Well, business financing and commercial loans are exactly meant for the purpose of providing a timely finance for commercial utilization. Through business financing and commercial loan you can buy any property for its commercial utilization.

Business financing and commercial loans are easier to avail as there are lenders who offer you services of their experts in helping you decide over the type of loan and interest rate on it etc. after applying for the loan a commercial real estate finance specialist contacts you shortly and discusses your objective and goal of taking the loan and buying a property. These specialists are of course trained professionals who are well versed in various types of commercial loans and repayment options. So you are well advised in taking a business finance and commercial loan. This clearly leads you to a suitable loan deal and makes decision taking instant for the lender as well.

For availing business financing and commercial loan, you are required to provide a valuable property as security to the lender. Any residential or commercial property functions well as collateral but it should be of high value as the loan amount is based on it. For having a lower interest rate deal on business financing and commercial loan, you should first ask for loan quotes for comparing rates of different lenders. The comparison is all the more crucial in case you are a bad credit borrower. You should also be choosing repayment duration. Note that shorter repayment duration increases monthly payment for the loan installments while larger duration reduces the payments substantially but you end up paying high amount on interest. You should the repayment duration as per your requirements.

Make sure to compare as many lenders as you can for a better deal and clear the loan installments in time for escaping debts and for improvements in your credit score.

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Financing a Subway Franchise

If you are currently looking at buying a Subway Franchise, you may be thinking how are you going to finance it? Many people taking on a franchise often do not have the required capital upfront to fund both the franchise cost along with the associated costs involved in setting up the restaurant, kitting it out with all the required catering equipment, arranging for the shop fitters to fit out the shop accordingly, fitting all the tables and chairs, and so on. This is why many people choose to finance their Subway Franchise, as it allows them to effectively budget their monthly outgoings through a monthly finance package whilst receiving all the equipment they need to operate their business immediately.

By financing the Subway Franchise costs along with all the equipment required, you are keeping your available capital in the bank, leaving it available for other important business expenditures and giving you more liquidity in the day-to-day running of your Subway business. Through a tailored franchise finance package You know exactly how much will be going out of your bank account each month on your lease agreement and are therefore able to realise your return on investment easier.

Subway Franchising is very popular, with the Subway Franchise itself being one of the most sought-after and applied for franchises in the UK. Everyone knows Subway, and due to their ongoing popularity and excellent menus – not to mention their high profile advertising campaigns – they attract potential franchisees from all over the world, all of whom want to open their own Subway franchise and be part of the success story. There are many flexible finance packages on the market that allow you to build in the franchise fee, the equipment that goes into the Subway restaurant, the decoration, the shop fitting and most other elements that allow you to open your Subway franchise doors cost effectively, without needing to find tens of thousands of pounds to put down upfront.

Typically, look to an asset finance provider who can offer finance packages for new Subway franchisees, many specialist asset finance brokers will also be able to help regardless of whether you are completely new to franchising or it’s your 30th Subway franchise. Either way, there are several competitive franchise finance packages available for you regardless of your franchising experience or credit rating. Typically, franchise finance packages are available to you over 3-5 years with minimal information required upfront. Look for a franchise finance specialist who has been working in arranging finance for new franchisees for many years, so when you contact them you can rest assured that they have the relevant knowledge to assist you. Franchise finance is a very sensible way to approach your next franchise opportunity, as it gives you the business and equipment you need today whilst allowing you to spread the cost of it over several years.

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